China approves HP's $1.1 billion buy of Samsung's printer business with curbs

BEIJING (Reuters) – China said on Thursday it has approved HP Inc’s (HPQ.N) $ 1.1 billion purchase of Samsung Electronics’ (005930.KS) printer business with certain restrictions, citing concerns about the U.S. firm’s dominance of the domestic laser printer market. HP announced the deal in September 2016, hoping to disrupt the $ 55 billion copier market […] Read more »

BYD expects all vehicles in China to be completely electrified by 2030

SHENZHEN (Reuters) – Chinese automaker BYD Co Ltd (002594.SZ) expects all vehicles in the country, including private vehicles, to be completely electrified by 2030. Over 20 cities in China will begin building BYD sky rail next year, the company’s president, Wang Chuanfu, told reporters at a briefing in Shenzhen on Thursday. BYD’s first sky rail […] Read more »